long, you should see the price of gas drop where you fill up your tank. let s talk more about this with catherine rampell, cnn economics and political commentator. she is also a washington post opinion columnist. always great to have you with us. great to be here. so in response to soaring gas prices, president biden is now tapping the strategic petroleum reserves, releasing 50 million barrels to help an estimated 48 million americans who will be driving during the thanksgiving holiday. but that s what this country uses in just 2 1/2 days. so how big a difference can this possibly make? i think it is unlikely to have a major effect on prices for exactly the reason you just cited. it s kind of a drop in the bucket or a drop in the barrel if you will. when you look at total oil consumption, it s just a couple of days worth of usage. so maybe psychologically it will make people feel better.
think they would. but also coming out of a once in a century pandemic. so the president trying to lay the groundwork for the idea that what they have put in place up to this point has worked. what they re trying to do in the future will just be more of that. and that if things don t look great in all of the individual economic data the next couple months, don t worry. things are on the right track, according to the. . guys. phil mattingly at the white house thanks. let s bring in to discuss cnn economics and political commentator kathryn rampell. kathryn, the president says the plan is working? is it working as well as expected. depends who you ask. um-hum. not long ago economists expected adding a million jobs a month now. we are not near that number right now. the numbers are up relative to last month when there was a big miss. and that s a good thing that employers are hiring. but at the moment it seems like part of the problem is that the labor force just is not growing.